By Times Chronicle Staff
The town’s budget discussions for 2025 around water, sewer, utility rates, capital projects and reserves will begin on November 18, 2024 and go for adoption on April 22, 2025.
Throughout this five-month schedule, the window for public feedback is from Feb. 19, 2025 – March 9, 2025.
The 2025 budget timeline is as follows:
- Nov. 18, 2024 – Presentation of 2025 proposed water and sewer projects and their potential impact on utility rates and reserves.
- Dec. date to be determined (TBD) – Special meeting of Council to review proposed utility rate bylaw for 2025 and provide 1st, 2nd and 3rd reading.
- Dec. 9, 2024 – Adoption of 2025 proposed utility rate bylaw.
- Jan. 6, 2025 – Regular Meeting of Council – Presentation of Draft 2025-2029 Draft Capital Budget.
- Jan. 27, 2025 – Regular Meeting of Council – Presentation of 2025-2029 Capital and Draft Operating Budget.
- Feb. 18, 2025 – Regular Meeting of Council – Presentation of Draft 2025-2029 Financial Plan.
- Feb. 19, 2025 to March 9, 2025- Public feedback period.
- March 10, 2025 – Regular Meeting of Council – Presentation of Public Feedback on Draft 2025-2029 Draft Financial Plan.
- March 31, 2025 – Regular Meeting of Council – Presentation of 2025-2029 Financial Plan and 2025 Tax Rate Bylaw for 1st, 2nd and 3rd Reading.
- April 22, 2025 – Adoption of 2025-2029 Financial Plan and 2025 Tax Rate Bylaw.
During the Oct. 28 council meeting where this timeline was first introduced, there was discussion among the councillors that some of these dates, and specifically times, may have to be adjusted.
For the dates that say the discussion will take place during a regular council meeting, they may need a special meeting earlier in the day for a longer discussion to take place.
